| |
FOR IMMEDIATE RELEASE
Contact: Media Relations,
Scripophily.com
Tel: 703-579-4209; e-mail:
media@scripophily.com
Hobby of Scripophily Celebrates 25 Year Anniversary
Scripophily.com ®,
Celebrates with Huge Sale
Scripophily 1978 - 2003
WASHINGTON, DC (
Janaury 27, 2003 ) -
Scripophily.com ®, the Internet’s largest buyer
and seller of collectible stock and bond certificates
celebrates the hobby of Scripophily's 25 year anniversary.
SCRIPOPHILY
(scrip-af-il-ly), the
collecting of canceled old stocks and bonds, gained recognition as a
hobby around the mid-1970s. The hobby's name was conceived in 1978. The
word resulted combining words from English and Greek. The word "scrip"
represents an ownership right and the word "philos" means to love.
Today there are thousands of collectors worldwide in search of scarce,
rare, and popular stocks and bonds. Collectors who come from the a
variety of businesses enjoy this as a hobby.
Scripophily.com - The Gift of History, is celebrating the
hobby's 25 year anniversary with a huge sale on everything. "We
are happy to be part of this wonderful hobby that has thousands of
collectors worldwide" said Bob Kerstein, CEO Scripophily.com. "The
hobby has many great people involved in it with whom I am proud to be
affiliated" Kerstein added.
Due to
electronic trading, a very small percentage of modern stock purchases
are made generating a paper certificate due to the high costs and
inefficiencies. Furthermore, the New York Stock Exchange has recently
adopted rules whereby member companies are no longer required to issue
stock certificates.
Scripophily.com recently
donated a
collection of modern stock certificates from frauds, scandals, and dot
com-related busts to the Museum of American Financial History, an
Affiliate of the Smithsonian Institution located in New York City. This
collection includes stock certificates from companies such as Enron,
Worldcom, Aldelphia,
ImClone, Martha Stewart, Rite Aid, Tyco
International, DrKoop, Egghead, and XO
Communications.
BACKGROUND
Scripophily.com
LLC, The Gift of History, is a leading
provider of collectible stock and bond certificates and other old paper
items. The company also offers an old stock research service at
OldCompany.com. Scripophily.com was founded by
Bob (Bob.com)
Kerstein. Bob has more than 25 years of senior management experience in
the Communications, Internet, Professional Sports and Entertainment
Industries.
Scripophily.com
®
has experienced over 10 Million page views on its websites during the
past 12 months. There are over
7,800 different selections including categories such as Frauds,
Scandals, Bankruptcies, Dot Coms, as well as
the more traditional areas such as Railroads, Telephone, Entertainment,
Sports, Manufacturing, Mining, Utilities, Oil
and Gas, Retail, Tobacco, Food, Banks, Insurance and others. For more
information on Scripophily.com®, visit
www.scripophily.com or
www.bob.com or
call 1-703-579-4209. |
|